DALLAS (AP) — Exxon Mobil Corp. emerged Thursday as the winning bidder for InterOil Corp., which has natural gas holdings in Papua New Guinea. Exxon said it will pay $2.5 billion for InterOil in a deal that will complement its large liquefied natural gas facility in the country. Exxon hopes to capitalize on growing demand for cleaner fuels in Asia. ...

CAMERON, La. (AP) — A San Diego energy company says it has federal permission to boost planned exports by 39 percent from a proposed expansion of the plant it’s building in southwest Louisiana. Sempra Energy said Monday that the U.S. Department of Energy approved exporting an additional 1.4 billion cubic feet of natural gas a day to countries outside U.S. ...

ALBUQUERQUE, N.M. (AP) — Residents along the U.S.-Mexico border are feeling ignored in the midst of a U.S. presidential election in which immigration, border security and a proposed wall are being hotly debated, a poll released Monday suggests. A Cronkite News-Univision News-Dallas Morning News border poll found a majority of urban residents surveyed on both sides of the border are ...

TULSA, Okla. (AP) — An Oklahoma repo man got more than he bargained for when he repossessed a car with a baby strapped into the back seat. Tulsa television station KOTV reports (http://bit.ly/2a26gnO ) that the repossession company employee spotted the car Saturday parked at an oil change business in Tulsa. He towed the vehicle to a convenience store where ...

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by seven this week to 447. A year ago, 857 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 357 rigs sought oil and 89 explored for natural gas ...

COPPELL, Texas (AP) — Texas gasoline prices have slipped 3 cents per gallon this week. AAA Texas on Thursday reported the statewide average at the pump was $2.06 per gallon. Drivers across the U.S. are paying an average $2.22 per gallon, down 4 cents from a week ago. Amarillo has the cheapest gasoline in Texas this week at an average ...

AUSTIN, Texas (AP) — Texas Gov. Greg Abbott will miss next week’s Republican National Convention as he recovers from extensive burns after being scalded by hot water — meaning his state’s large delegation to Cleveland will be without its chosen chairman. Spokesman Matt Hirsch told The Associated Press on Tuesday that doctors said it would be “irresponsible” for Abbott to ...

DALLAS (AP) — Military service changed the Dallas gunman from an extrovert into a hermit, his parents said in an interview excerpt published Monday. Micah Johnson’s mother, Delphine Johnson, told TheBlaze website in an interview that her son wanted to be a police officer as a child. His six years in the Army Reserve, including a tour in Afghanistan, were ...

From budget cuts to oil spills, here is the news from the Texas oil and gas industry this week. Oil spill photos are finally visible to the public Photos taken by the Civil Air Patrol of flood-related oil spills are now available to the public online, rather than requiring a login and password for the University of Texas website. The ...

According to Baker Hughes, the U.S. rig count has increased by 10 this week, with Texas gaining four of the total overall increase. The price of oil is inching back up , playing games with that $50 per barrel mark. Oil currently sits at $48.99, and Brent crude is $50.35. The anxiety associated with the British vote to leave the ...

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